Efects of Production Costs and Dividend on Profitability of Manufacturing Firms in Nigeria
Student: Christiana Omolade Oyelade (Project, 2025)
Department of Accounting
Ekiti State University, Ado-Ekiti, Ekiti State
Abstract
Thestudy investigated into the effects of production costs and Dividend on profitability of manufacturing firms in Nigeria. Production costs and Dividend were used as proxy for production costs and dividend as independent variables while a return on assets was used as proxy for profitability as dependent variable. Data was sourced from the secondary sources for the period of 2014 and 2023 for the study. Thefindings of thestudy revealed a positive relationship between returns on assets and production costs while there was a positive relationship between dividend and returns on assets. The study recommended that firms should device other means of reducing costs by means of expansion and diversification which will help reduce costs and havepositive impact on profitability
Keywords
For the full publication, please contact the author directly at: christianaoyelade595@gmail.com
Filters
Institutions
- Landmark University, Omu-Aran, Kwara State 1
- Lead City University, Ibadan, Oyo State 1
- Lens Polytechnic, offa, Kwara State. 215
- Madonna University, Elele, Rivers State 20
- Madonna University, Okija, Anambra State 2
- Mcpherson University, Seriki Sotayo, Ogun State 1
- Michael and Cecilia Ibru University, Owhrode, Delta State 1
- Michael Okpara University of Agriculture, Umudike 43
- Michael Otedola Col of Primary Educ. Epe, Lagos (affl To University of Ibadan) 8
- Modibbo Adama University, Yola, Adamawa State 15